2023 Survey

2023 ISU Land Value Survey Results

The 2023 Iowa State Land Value Survey shows the average value of an acre of farmland increased 3.7%, or $424, to $11,835 per acre. The nominal value of an acre of farmland is again higher this year than at any point since Iowa State University began surveying values in 1941.

Interest rates, commodity prices, better-than-expected crop yields, cash and credit availability, and investor demand helped drive the increase.

If you have any questions or comments about the 2023 survey, please contact Dr. Rabail Chandio at rchandio@iastate.edu or call the office at 515-294-6181.

2023 Land Value Survey News Conference

The results of the 2023 land value survey were announced by Dr. Chandio at a news conference on Tuesday, December 12. The full 60-minute-long news conference video is at the bottom of this page. Additional materials from the news conference are available below.

Three-minute highlights of the 2023 survey results

2023 ISU Land Value Survey - 3-minute version from ISUCALS on Vimeo.

2023 Land Value Survey Resources

Iowa Land Value Survey Overview (pdf)
This briefing paper includes background information on the Iowa land value survey, including historic information, an analysis of highest/lowest land values and changes from last year’s survey.
Iowa Land Value Survey News Release (pdf)
The full news release made available on December 12. Includes an analysis of survey information by Dr. Chandio.
Iowa Land Value Survey Brochure (pdf)
Maps
Comparative Iowa Land Values table with maps(pdf)
Iowa Land Values table by District and Land Quality (pdf)
Slide show (pdf)
The complete slide show presented by Dr. Chandio at the 2023 conference.
2023 Media Coverage

Full 60-minute-long 2023 news conference video

2023 ISU Land Value Survey from ISUCALS on Vimeo.